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ASSIGNMENT
| DRIVE | FALL 2015 |
| PROGRAM | MBADS (SEM 4/SEM 6)MBAFLEX/ MBA (SEM 4) PGDISMN (SEM 2) |
| SUBJECT CODE & NAME | MI0040 – TECHNOLOGY MANAGEMENT |
| BK ID | B1979 |
| CREDITS | 4 |
| MARKS | 60 |
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
- 1.a. Explain Technology Management at various levels
Answer: One of the concepts discussed, written about, and analyzed most frequently in recent years has been organizational change and the related concepts of resistance to change and management of change. Change has been variously defined as making a material difference in something compared to an earlier state, transforming or converting something, or simply becoming different. All of these definitions can be applied to change as it occurs within organizations and businesses. Organizational change may mean changing technological infrastructures (e.g., moving from a mainframe environment to distributed computing), marketing strategies (targeting a new customer base), or management and decision-making practices
- 1.b. Discuss briefly about strategic technology management.
Answer: Strategic management is the continuous planning, monitoring, analysis and assessment of all that is necessary for an organization to meet its goals and objectives.The strategic management process involves analyzing cross-functional business decisions prior to implementing them. Strategic management typically involves:
- Analyzing internal and external
- 2.a. Write about the changing trends in the industry
Answer: Remember when the computer replaced the typewriter business? It took awhile for computers to become prevalent, but the speed of change is increasing. New innovations are accelerating the path to obsolescence for some industries. Here are a few examples of current trends are causing industries to vanish.
Paper Maps Folding Into GPS: Global positioning systems (GPS) are popular gadgets for drivers, pilots, hikers, boaters and anyone else attempting to find their way. Personal navigation devices (PNDs) have become so common, rental car
- 2.b. Explain the methods for Strategic Analysis and Decision Making
Answer: One of the most fundamental aspects of starting and managing a business is formulating the company’s overall mission and goals. Strategic planning is the process of creating a mission, objectives and then creating and implementing strategies to fulfill the mission and work toward objectives. Business managers often use a variety of management tools and techniques to aid in making strategic planning decisions.
Market Research: Market research is the process of gathering information about a certain market, such as the preferences of potential customers, the presence of competitors and the current state of the market. Market research is an essential strategic planning tool because insight into the needs of customers can help managers create a mission,
- 3. a. Explain about the concept of strategic planning
Answer:Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management. It is executed by strategic planners or strategists, who involve many parties and research sources in their analysis of the organization and its relationship to the environment in which it competes.
It is a systematic process of envisioning a
- 3. b. Describe the concept of technology maps.
Answer:Developed using a structured, sustainable, and scalable methodology, Technology Maps provide an ordered overview of the enabling components of a technology, followed by a comprehensive guide to the many commercial development parameters, issues, and uncertainties behind successful technology commercialization and the opportunities arising from the technology’s commercialization.
A technology roadmap is a plan that matches short-term and long-term goals with specific technology solutions to help meet those goals. It is a plan that applies to a new product or process, or to an emerging technology. Developing a
- 3. c. What is technology forecasting?
Answer:Technological forecasting is aimed at predicting future technological capabilities, attributes, and parameters. It is not an attempt to predict how things will be done. Nor is technological forecasting oriented toward profitability. That is, a technological capability or attribute can be forecast to be available at some time in the future, although society may not necessarily want or need the capability.
- 4. What is the impact of the technology change on the following:
- Organisational productivity
Answer: The relationship between organisational change, the labour market and technology is complex. Changes in technology are the only source of permanent increases in productivity, but a number of transient factors can affect both true and “measured” productivity. For example, workers may work harder during periods of high demand and firms may use their capital assets more intensively by running factories for
- Quality of work life
Answer: The present era is an era of knowledge workers and the society in which we are living has come, to be known as knowledge society. The intellectual pursuits have taken precedence over the physical efforts.
Quality of work life (QWL) refers to the favourableness or unfavourableness of a job environment for the people working in an organisation.
- 5. Demonstrate Global Information System with neat diagram.
Answer: The Global Information System (GIS) is a global-coverage, core current strategic intelligence service for use only by governments. It is not available to non-governmental subscribers. GIS represents a base of more than 250,000 pages of data and images on 255+ countries and territories, updated daily, along with a constantly-growing database of special reports on a wide range of specialist topics and regional studies.
GIS includes the Defense& Foreign
- 6. Explain the conceptual framework of Management of Technology with a neat diagram
Answer: A conceptual framework is an analytical tool with several variations and contexts. It is used to make conceptual distinctions and organize ideas. Strong conceptual frameworks capture something real and do this in a way that is easy to remember and apply. For example, Isaiah Berlin used the metaphor of a “Fox” and a “Hedgehog” to make conceptual distinctions in how important philosophers and authors view the world. Berlin describes hedgehogs as those who use a single idea or organizing principle to view the world (examples given include Dante, Pascal, Dostoevsky, Plato, Ibsen and Hegel). Foxes, on the other hand,
Dear students get fully solved SMU MBA assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
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